West Ham Contemplate Relegation
Alan Pardew has revealed that Eggert Magnusson has contingency plans for West Ham in case of relegation. Although the club may be forced to sell some players the principal savings will be made in the £42m wage bill. Alan Pardew, confirmed yesterday that all the players have a clause in their contracts stipulating significant salary reductions in the event of relegation.
"The new owners already have a plan if we get relegated," said Pardew. "They had to have that in place because we were in the relegation zone when they came in, so it would have been foolish not to.
There's a common misconception that players will be okay in the event of relegation but that's not true. The financial situation of every player here will change if we go down. That's why it is so important for us to fight this now rather than in February, when it could be too late."
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